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turbines are now powering some of america's biggest cities. siemens. answers. >>> welcome back to "worldwide exchange." sylvia berlusconi has threatened a wave of protests if the central left candidate becomes the next italian president. this comes as the current president of this week comes as leaders try and form a government. julia is in rome following this story for us. no surprise to hear, perhaps, strong words from berlusconi. how likely is it at this point that we're going to see a government formed? >> in a nutshell, kelly, it's no different from where we were three weeks ago, as far as i can see. if you cut through all the noise, the sound and their little bit of furry from berlusconi over the next few days, it looks like bersani is going to try to form a movement with beppi grillo. even if it creates consternation among his voters who says he needs to try and step up a government. as far as i can see, obviously, the negotiations begin tomorrow. we're no farther by the board and even if better sanny does manage to come up with a minority government, the question is wil
turbines are now powering some of america's biggest cities. siemens. answers. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> welcome back to the program. european markets are start to go drift lower again. the ftse mib is down 2%. the dax in germany holding up better. the ftse 1100, too. fwank stocks mostly taking it on the chin, though. whether we're talking about spain where bbva is down 3.7%, banco santander down 3%. it looks as though declines in the banks are leading this next leg lower. here is a quick look at what's on this week's agenda as we turn our attention to the u.s. the national association of home builders
of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers.
turbines are now powering some of america's biggest cities. siemens. answers. >>> british chancellor george osborne is under fire this morning for a budget. the number in the shadow cabinet claims he sucked the confidence out of the uk economy and should waste no time in changing course. but then i guess you would expect that from the opposition. ross westgate is joining us. he's down there, you know, ross, putting questions, i guess, to people about just how much the british budget is actually going to help growth. there were lots of measures that seemed aimed at pleasing people, everything from a penny off a pint to more help from home buyers we should say that seems to basically look like a trend for builders. >> yeah. because the idea is it's for new homes so the sort is that home builders will gld more homes and there's more people willing to buy them. some think we're back to where bill clinton was with his homes and then the subsequent bust. the chancellor has acknowledged we need private sector generated growth if we're going to get anything going and that's the way to deal with the
beyond it. siemens. answers. >>> welcome back to the program. let's check in on u.s. futures. the dow looking down maybe 7 points at the open, but the nasdaq has slipped negative and this follows a pretty negative tone out of the european trading session. over in asia, it was a little bit mixed picture this morning, though. and china needs renewed reform momentum, at least according to the oecd's latest on the country. the economy will grow 8.5% this year and maybe more on the next. while praising beijing, he also highlighted the financial sector and urbanization as key areas for reform. eunice yoon can all caught up with secretary general angel lahoria. their conversation quickly switched to cyprus. >> what's happening in cyprus is not indicative of what's happening in the world, not indicative of what's happening in the euro area. in cyprus, there was a peculiar situation. the government could not rescue the banking system. there should have been losses accrued to the critters of the banks who took risk webs but there was a formula where they tried to sort of keep everybody more or
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